Tag Archives: Housing Bubble

Seller’s market returns as homes for sale drop in some areas

The dwindling inventories — driven by a mix of reluctant sellers, fewer foreclosure resales and rising demand — are spreading as the housing market gains strength. The number of homes for sale in April hit a 6.6-month supply, down from … Continue reading

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Facebook IPO Could Create at Least $1 Billion in Property Value

The Bay Area real estate market might be in a mini housing bubble that’s being fueled by Facebook’s IPO. This week the social media giant is expected to open its doors to the general public. Overnight, Facebook will become a … Continue reading

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Facebook millionaires might drive up real estate prices in the already …

PALO ALTO, Calif: Imagine looking for a house in San Francisco or one of the nicer parts of Silicon Valley, which are already among the most expensive parts of the country. Now imagine having to bid against a legion of … Continue reading

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Huge loss in home values cratered the Bay Area economy

(Source: By Pete Carey, San Jose Mercury News, Calif.) –Bay Area homes have lost more than a third of a trillion dollars in value since the housing bubble burst about four years ago. And in the process, they have taken … Continue reading

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Huge loss in home values cratered the Bay Area economy

Click photo to enlarge Bay Area homes have lost more than a third of a trillion dollars in value since the housing bubble burst about four years ago. And in the process, they have taken a big chunk of the … Continue reading

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